Raleigh, NC (zip code 27608) is a vibrant city with plenty to offer. It has a cost of living that is slightly higher than the U.S. average, with 2 bedroom rent costing $1,450 and grocery cost index of 108 versus 100 in the US. The area provides many job opportunities for employment seekers as it is home to well-known companies such as IBM, GlaxoSmithKline, Red Hat Inc., and Lenovo. Furthermore, there are many amenities available for people looking to live in Raleigh including an abundance of parks and recreational centers such as Dorothea Dix Park, Pullen Park, and Umstead State Park. There are also plenty of educational institutions such as North Carolina State University and numerous restaurants offering diverse menus to satisfy any craving. Living in Raleigh offers a chance to experience the best the city has to offer and all its attractions.
Raleigh (zip 27608) has an unemployment rate of 4.3%. The US average is 6.0%.
Raleigh (zip 27608) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Raleigh (zip 27608)
- The Sales Tax Rate for Raleigh (zip 27608) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27608) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Raleigh (zip 27608)
- The average income of a Raleigh (zip 27608) resident is $59,155 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh (zip 27608) resident is $146,295 a year. The US average is $69,021 a year.